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Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 907 · 40 sums
TalentJR

The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.

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  1. 1.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1430. What is the profit (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
  3. 3.What is the amount (principal + simple interest) on ₹1800 at 2% per year for 3 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1100 at 11% per year for 5 years (in ₹)?
  5. 5.The price of a school bag changed from ₹200 to ₹300. What is the percentage increase?
  6. 6.What is the simple interest on ₹900 at 4% per year for 2 years (in ₹)?
  7. 7.What is the simple interest on ₹4900 at 9% per year for 2 years (in ₹)?
  8. 8.A cooler costs ₹3400. It is sold at a 15% loss. What is the selling price (in ₹)?
  9. 9.A watch costs ₹300. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.A watch bought for ₹3700 is sold for ₹4070. What is the profit per cent?
  11. 11.The price of a bus pass changed from ₹500 to ₹250. What is the percentage decrease?
  12. 12.What is the simple interest on ₹5100 at 10% per year for 1 year (in ₹)?
  13. 13.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
  14. 14.A watch costs ₹1700. It is sold at a 50% profit. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹4900 at 5% per year for 4 years (in ₹)?
  16. 16.What is 65% of 300?
  17. 17.A cooler costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
  18. 18.The price of a water bottle changed from ₹80 to ₹72. What is the percentage decrease?
  19. 19.What is 60% of 560?
  20. 20.What is the simple interest on ₹4000 at 5% per year for 1 year (in ₹)?
  21. 21.What is 70% of 780?
  22. 22.What is 90% of 280?
  23. 23.A cycle costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
  24. 24.A watch costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
  25. 25.A cycle costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
  26. 26.A cricket kit bought for ₹1500 is sold for ₹1125. What is the loss per cent?
  27. 27.What is 20% of 680?
  28. 28.The price of a cricket ball changed from ₹50 to ₹5. What is the percentage decrease?
  29. 29.A table bought for ₹400 is sold for ₹460. What is the profit per cent?
  30. 30.A fan bought for ₹1500 is sold for ₹1125. What is the loss per cent?
  31. 31.The price of a bus pass changed from ₹500 to ₹600. What is the percentage increase?
  32. 32.What is 90% of 80?
  33. 33.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2340. What is the loss (in ₹)?
  34. 34.What is the simple interest on ₹8400 at 2% per year for 5 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹6500 at 8% per year for 1 year (in ₹)?
  36. 36.What is 60% of 280?
  37. 37.A sewing machine bought for ₹2800 is sold for ₹2660. What is the loss per cent?
  38. 38.The price of a box of mangoes changed from ₹20 to ₹10. What is the percentage decrease?
  39. 39.What is the simple interest on ₹2300 at 9% per year for 4 years (in ₹)?
  40. 40.The price of a bus pass changed from ₹50 to ₹20. What is the percentage decrease?

Answer key

  1. 80
  2. 20
  3. 1908
  4. 1705
  5. 50
  6. 72
  7. 882
  8. 2890
  9. 264
  10. 10
  11. 50
  12. 510
  13. 20
  14. 2550
  15. 5880
  16. 195
  17. 2185
  18. 10
  19. 336
  20. 200
  21. 546
  22. 252
  23. 3375
  24. 4290
  25. 5000
  26. 25
  27. 136
  28. 90
  29. 15
  30. 25
  31. 20
  32. 72
  33. 10
  34. 840
  35. 7020
  36. 168
  37. 5
  38. 50
  39. 828
  40. 60

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